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Oil price up more than 3% after Iran attacks

AFP, Tokyo
July 29, 2026 11:42 am

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Oil prices jumped more than three percent in early Asian trade on Wednesday after the US military said it had intercepted multiple missiles launched by Iran.

At around 0015 GMT, US benchmark West Texas Intermediate was up 3.67 percent at $82.17 a barrel, while North Sea Brent crude had gained 3.39% to $86.94.

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